Southeast Bank holds 746th board meeting

Southeast Bank PLC. has organized its 746th board meeting on Wednesday (30 October 2024).

M. A. Kashem, Chairman of Southeast Bank PLC, presided over the Board Meeting.

Vice-Chairperson Rehana Rahman, Bank’s Directors- Alamgir Kabir, FCA, Azim Uddin Ahmed, Jusna Ara Kashem, Duluma Ahmed, Md. Akikur Rahman, Nasir Uddin Ahmed, Md. Rafiqul Islam (Nominee of Asia Insurance Limited), Md. Nurul Islam, (Nominee of Single Click IT Solution (Pvt.) Ltd.), Independent Director- Mohammad Delwar Husain, Nuruddin Md. Sadeque Hossain, Managing Director and A.K.M. Nazmul Haider, Company Secretary of the Bank also participated in the meeting.

In the meeting quarter-end performance of the Bank was reviewed. The Board of Directors of Southeast Bank convened to discuss the Bank’s strategic business initiatives and future plans in detail. The members reaffirmed their unified commitment to guiding the Bank towards continued success and elevating Southeast Bank to new heights.

As one of the leading financial institutions in the country, Southeast Bank continues to show steady growth in deposits and foreign trade, a testament to the strong confidence its customers place in the Bank. This positive trend is expected to continue in the coming years. The meeting highlighted that Southeast Bank remains the safest choice for customers to safeguard their hard-earned money, offering complete financial security.

An important focus has been placed on maintaining adequate capital and intensifying efforts to recover classified and written-off loans, alongside a strategic expansion of the Bank’s non-funded business, retail offerings, and credit card portfolio. Technology-driven transaction banking services, such as Internet Banking, Mobile Banking, ATMs, CDMs, CRMs, and POS services are being strengthened to keep pace with the rapidly evolving financial and banking landscape. The Board has also underscored the need to enhance corporate governance, strengthen internal controls, and promote green banking initiatives.

Southeast Bank remains dedicated to fostering a fair, secure, and trustworthy banking system. For over 29 years, the Bank has upheld a strong reputation, backed by robust liquidity in both local and foreign currencies. It continues to excel in key areas including corporate governance, profitability, and risk management. With substantial capital reserves, Southeast Bank demonstrates enduring financial stability, making this meeting a significant milestone in its ongoing success.